Description
Toward an Inframarginal Revolution presents a groundbreaking economic framework that questions the foundations of conventional trade theory. Ramsi A. Woodcock challenges the marginal analysis that has dominated economics for over a century, proposing instead an inframarginal approach to understanding how gains from international trade are distributed.
The book addresses fundamental questions about economic inequality and fairness in the global trading system. Rather than accepting the traditional assumption that trade benefits flow naturally to all parties, Woodcock demonstrates how the distribution of gains can be deliberately structured through policy mechanisms. This inframarginal perspective reveals new possibilities for creating more equitable economic outcomes without sacrificing the benefits of international commerce.
Intended for economists, policymakers, and anyone concerned with economic justice, this work offers fresh insights into trade policy, wealth distribution, and the design of sustainable economic systems that work for broader segments of society.
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